The so-called 1031 like-kind exchange rule was created a century ago to aid family farmers. It has evolved into a beloved tool of property moguls, Fortune 500 companies and real estate trusts that can use it to create a daisy-chain of tax avoidance.
In spite of some hiccups last year, the outlook for both leasing and investment in the sector is as strong as ever.
There are some concerns about potential overbuilding, but by and large investor interest in the sector has returned to pre-pandemic levels.
Multiple stakeholders claim the incentive makes solar cheaper for those who can already afford the systems, but drives up power bills for those who can’t.
The company's current leadership’s CRE experience and a new structure for going public make success more likely in 2021.
Yardi Matrix looks at which U.S. markets are likely to see the highest apartment rent growth this year.